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Vesper
Vesper is an independent, AI-driven commodity intelligence platform founded in October 2019 by Alexander Sterk. Based in Amsterdam, Vesper provides procurement teams and traders with a centralized source of truth for agricultural commodity prices. The platform has grown significantly, serving over 2,000 users globally by 2024, and has secured funding to expand its market coverage. The core offering is the Vesper Price Index, which serves as a benchmark for Euronext dairy futures, ensuring transparent pricing. Vesper's platform includes AI-driven forecasts with high accuracy, real-time futures data, and automated calculations. Additionally, the Vesper Marketplace connects verified dairy buyers, sellers, and traders, enhancing efficiency in the dairy industry. Initially focused on dairy, Vesper has expanded to include vegetable oils and other commodities, catering to major corporations like Nestlé, Unilever, Cargill, and Danone, as well as plant-based food companies like NotCo. Vesper aims to empower market participants with unbiased data for informed decision-making.
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$4M